Top 5 most expensive domain name transactions
YourNameHere.com: Carving out your online identity can be a pricey endeavor – here’s why.
by Jim Kerr
Buying and selling domain names can be big business, but just how big? Here are five of the biggest domain name transactions ever made:
Insure.com – $16-million
Sold: 2009 to Quin Street
Notes: When Quin Street came a knockin’ with a giant bid for a domain name in 2009, it was an offer Insure.com just couldn’t refuse. They accepted and changed their company name to Life Quotes.
Sex.com – $13-million
Sold: 2010 to Clover Holdings
Notes: Sex.com is in the Guinness Book of World Records for the most expensive domain-only sale in the history of domain transactions.
Hotels.com – $11-million
Sold: 2001 to David Roche
Notes: According to the European Domain Centre, Hotels.com CEO David Roche purchased the domain name for $11-million and eventually sold the company for over a billion dollars.
Fund.com – $9.99-million
Sold: 2011 to Eastern Services Group
Notes: Eastern Services Group purchased Fund.com in 2011, but thanks to business ties with some shady groups, things didn’t quite work out as they had hoped. Reports say Fund.com lost 99 percent of its revenue in the following year.
Porn.com – $9.5-million
Sold: 2007 to MXN Limited
Notes: When Moniker sold Porn.com to MXN Limited, it was the largest ever all-cash transaction for a domain name. There isn’t much on the internet that drives traffic like gambling and adult content, so it’s no surprise that a similar domain name was sold for even more three years later.
(With files from EuropeanDomainCentre.com, Complex Magazine & Business Insider)